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Excellence in Risk Management Awards 2017 – the Winners

Whistleblowing: how to manage reputational risks? Webinar recording available online

Companies need to incorporate whistleblowing procedures into their corporate culture. Whistleblowing is an instrument used to reinforce trust inside the company and to strengthen corporate culture. It helps to safeguard and uphold tenets such as corporate integrity, anti-corruption, anti-bribery regulations and codes of ethics. It also forms a key means of addressing wrongdoing and dysfunctional behaviour.

The webinar was organized by the European Confederation of Directors' Associations (ecoDa), AIG and the Federation of European Risk Management Associations (FERMA) on 16 November.

Given that directors play a critical role in establishing cultures of disclosure, whistleblowing has to be part of good governance.

The way whistleblowers and the information they disclose is treated is currently the subject of discussion at European institutions. The European Parliament is urging the European Commission to protect whistleblowers acting in the public interest when disclosing the confidential information of companies and public bodies.